What is a Fixed Asset Management Program?
A Fixed Asset Management Program involves tracking of such physical assets as furniture and fixtures found in the office, laboratory, classroom, plant, and expensive machinery and equipment as well as returnables such as containers and pallets. Most often this process is performed by scanning a bar code on a Fixed Asset ID Tag that has been affixed to the asset; however, Fixed Asset Management may also involve a Fixed Asset ID Tag with a human readable number only that is documented by hand.
